Earlier this week, Jon Tjompson CEO and Permanent Secretary of Her Majesty’s Revenue and Customs (HMRC), addressed the UK Government Treasury Select Committee on Brexit and the cost for the two presented alternstives for Customs, Borders and UK-EU trade post-Brexit.
Mr. Thompson explained how the two alternatives; Option 1: New Customs Partnership (NCP) and Option 2: MaxFac Maximum Facilitation – impacts the private sector.
Here is a link to the session: Jon Thompson addresses Treasury Select Committee
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